The Financial Conduct Authority (FCA) said on Wednesday it had...
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Miller expands reinsurance offering with establishment of new APAC treaty team
Ron Whyte, Head of Miller Asia, said: “APAC is a central pillar of...
TMK hire underlines life sciences ambition
Burke’s appointment follows several recent significant hires and...
Gymnast sexual abuse victims offered $215 mn insurance payout to settle claims
The $215 million total is the amount the insurance carriers for USA Gymnastics and the United States Olympic and Paralympic Committee are willing to provide in hopes of ending years of legal battles with athletes who were abused by former national team doctor Larry Nassar.
Google Pay’s ‘tremendous success’ in India to be replicated globally: Pichai
According to Ambarish Kenghe, Director, Product Management, Google Pay, the vast majority of India’s over 60 million small businesses are still not benefiting from the growing digital economy.
UK to ban new petrol car sales from 2035
Britain has pledged to reduce greenhouse gas emissions to net zero by 2050, with a mixture of cuts and off-setting pollution measures such as planting trees.
Coronavirus to hit reinsurers hard:AM Best
einsurers may face higher levels of risk than L/H insurers, as their risk profiles entail higher exposures to mortality and morbidity risks. However, global reinsurers have been broadening their risk exposures in recent years in an effort to minimize the concentration of mortality and morbidity risks.
As economic costs of Coronavirus mount, China accuses U.S. of overreacting
The number of deaths in China from the newly identified virus, which emerged in Wuhan city in the central province of Hubei in December, had risen to 361 as of Sunday, up 57 from the previous day, the National Health Commission said.
EU Prepares for Coming of Facial Recognition– On Its Privacy Terms
Facial recognition has emerged as a hot-button issue as the EU prepares to outline its plans to regulate artificial intelligence next month. Privacy advocates are urging legislation to prevent abuses, while law enforcement is warning against banning a tool that can make societies safer.
UK and EU commence sparring over post-Brexit trade rules
The European Union wants an ambitious zero-tariffs and zero-quotas trade deal with Britain but this will be conditional on open and fair competition between the UK and the 27-nation bloc it quit last week, the EU’s Brexit negotiator said.
Most UK insurers, banks unprepared for risks of climate change
The Bank is holding a consultation, led by Breeden, on stress-testing lenders and insurers on their exposures to global warming and the risks associated with a shift to a lower-carbon economy. She addressed the topic with more than 100 finance leaders at an event hosted by Odgers in London.
Allianz sets up an emergency response fund to support China’s fight against the coronavirus epidemic
The initial pledge towards this fund is RMB 4 million (EUR 520,000), coming in part from Allianz SE’s Disaster Recovery Fund and in part from Allianz’s operating entities in China and the region
China:Coronavirus cases surpass SARS as big economic hit looms
India was the latest nation to report a case, a student of Wuhan University. And South Koreans protested at facilities earmarked as quarantine centres, throwing eggs at a minister.